πŸ“The State of Shale Oil & Gas 2022: Get exclusive access to the latest drilling and production trends in the Permian, Williston, and EagleFord
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Shale Oil and Gas Insights Blog

News and insights on important developments in the major tight oil & gas basins.

Appalachia

Pennsylvania – update through November 2022

February 3, 2023 No Comments

Natural gas production in Pennsylvania was 20.2 Bcf/d in March (Hz. wells only), slightly lower than the output a year ago (20.5 Bcf/d).

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Permian

Permian – update through August 2022

December 2, 2022 2 Comments

Permian tight oil production rose to a new output record in May, at around 4.6 million b/d (after upcoming revisions, horizontal wells only). Not all this production is reported yet by the state agencies, thus the apparent drop in production in the above chart.

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Eagle Ford

Eagle Ford – update through July 2022

November 17, 2022 No Comments

Tight oil production in the Eagle Ford has hovered at around 1.05 million b/d since the start of this year, near the lowest levels in 9 years, and came in at just above 1 million in July (there will still be some minor upward revisions). If you switch product to ‘gas’, you’ll see that the picture for natural gas is rather different, and that it has been increasing in the last 2 years to just over 6 Bcf/d.

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Shale Oil & Gas Insights

What’s behind the rise in US shale gas production?

November 8, 2022 No Comments

Since the pandemic, US gas and oil production have taken different trajectories: oil has not fully recovered, but gas is setting fresh highs. Here at Novi, we get asked questions about these types of trends all the time.

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North Dakota

North Dakota – update through July 2022

September 22, 2022 No Comments

Oil production in North Dakota from horizontal wells rose by less than 1% m-o-m in February, to 1.05 million b/d. Natural gas output increased by 2% to 2.8 Bcf/d. Only 63 new horizontal wells came online in the first 2 months of this year, compared with 180 in 2020 and 68 in 2021 during the same period.

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Permian

Permian – update through May 2022

September 1, 2022 3 Comments

Permian tight oil production rose to a new output record in May, at around 4.6 million b/d (after upcoming revisions, horizontal wells only). Not all this production is reported yet by the state agencies, thus the apparent drop in production in the above chart.

Read More β†’
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Report: The State of Shale Oil & Gas - Q3 2022

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Recent Posts

  • Pennsylvania – update through November 2022
  • Permian – update through August 2022
  • Eagle Ford – update through July 2022
  • What’s behind the rise in US shale gas production?
  • Why is lease-to-well allocation important?

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Recent Comments

  1. Enno Peters on Permian – update through August 2022
  2. Dennis Coyne on Permian – update through August 2022
  3. Enno Peters on Haynesville – update through August 2021
  4. Ron on Haynesville – update through August 2021
  5. Mario Vachon on Permian – update through May 2022
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